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Technology Stocks : INTC
INTC 41.34-0.4%3:59 PM EDT
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To: Road Walker who wrote (974)7/6/2000 3:21:15 PM
From: Jules B. Garfunkel  Read Replies (1) of 990
 
John,
--In less than two weeks Intel will trade to reflect a previously announced 2 for 1 stock split.
--Next month they will begin shipping their revolutionary new 64 bit Multi Processor and Server Family.
--Global expansion, and thus demand for PCs and Servers has never been stronger. In fact, Intel until recently, had reported difficulty in keeping up with demand.
--Manufacturing improvements continue to bring down the Cost of Goods Sold, and Gross Profit Margins are at all time highs.
--New Network Communications products from Intel are helping the company branch out and diversify into all the new IT growth areas.
--The continued Globalization of stock markets around the world will soon make it easier for foreign investors to own Intel’s stock.
--If George Bush wins the Presidential election, more than 2% of the total US Social Security System will be looking to invest in good equities.
--We are right now coming off a 20% + correction in the NASQAQ.
John, despite the fact that we have heard analysts question Intel’s market value as possibly being ahead of itself, so many times over the years, I have seldom felt more comfortable with INTC’s future value... and we are still 7% off the high of 145 3/8 set four months ago.
Best Regards,
Jules
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